In just a few months, the coronavirus managed to wreck health and the economy too. The value of your stock market portfolio, 401(k), or IRA might have plummeted. And you have every reason to worry about your financial health. But at a time like this, you need to stay calm. Panic may instigate you to make rash decisions, which you would regret later. Here’s what you should do … [Read more...]
5 Ways to Create a Growing Stream of Income During Retirement
Between the years of 1946 and 1964, seventy-six million babies were born in the United States. At this moment, nearly a quarter of the American population is on the verge of retirement—and some have already passed that threshold. Americans are now retiring earlier than any other time in history. Concurrently, they are also living longer than ever before. The confluence of … [Read more...]
What You Need to Know About Relocating During Uncertain Times
Many baby boomers are now considered ‘empty nesters’. If your children are grown up and gone, with families of their own, you might be thinking about relocating to a smaller place where you can enjoy retirement. In fact, 36% of boomers will move or plan to move when they become empty nesters. But relocating comes with its own set of challenges. One study found that 6 out … [Read more...]
How to Start a Blog – and Why Baby Boomers Should do it
I've been a blogger since 2008 and I love what I do. Blogging is creative, fun, keeps my brain stimulated, and makes me money. As a Baby Boomer, I know that having more income is always a good thing. That's one of the reasons I think Baby Boomers should start a blog, but there are more reasons as well. As Baby Boomers, we've been around for many more decades than our … [Read more...]
What You Need to Know About Estate Planning When You’re Over 50
Turning fifty is a milestone event, especially for women the world over. It’s often a transition point when nests empty, careers change, and priorities shift. It inspires a decade of renewal, a desire to reflect on your life and consider the road ahead. It is the golden moment for estate planning. Although planning for the end of life appears to be morbid, estate planning … [Read more...]
